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Cashberry - quick, convinient 24/7 online loans solution

CashBerry is a financial company, providing an online loan consultation service that is fully automated, disbursed within the day.

Loan term, days

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Payment date: 1
To return: 1 ₫

The conditions for applying for a loan at Cashberry

4 easy steps to register for a loan

Filling in the registration form
Provide a phone number and fill in personal information. Register and send request for a loan.
Getting approval and Signing an Agreement
The approval results will be anounce via phone call. Only need to log in to Personal account and sign an Agreement.
Receive money
After the application is approved, our partner will transfer the money to your account.
Make repayment to our partner according to the instructions.
with flexible terms at CashBerry
  • Term:
    Term: min 92 days, max 183 days
  • Loan limit:
    Loan limit: 100 000 - 5 000 000 VND
  • Interest rate:
    Interest rate: 10,95 - 14,6 %/per annum
Get loan
  • Term:
    Term: min 92 days, max 183 days
  • Loan limit:
    Loan limit: 100 000 - 5 000 000 VND
  • Interest rate:
    Interest rate: 10,95 - 14,6 %/per annum

Bank loans are the choice of many people when they have capital needs with many different purposes. Is the bank loan procedure really as difficult and complicated as you think?

Bank loans are the choice of many people when they have capital needs with many different purposes. Is the bank loan procedure really as difficult and complicated as you think?

For first-time bank borrowers, bank loan procedures are a matter of great concern after questions about interest rates, loan amounts and loan terms. The questions that borrowers often ask are: What needs to prepare when borrowing from banks? Bank appraisal like?

In fact, it is not too difficult to prepare the procedures to get a loan at a bank. The complexity of the application also depends partly on the form of loan, the amount borrowed and the conditions of each individual.

Different banks will often also have a certain difference in the application preparation requirements or loan standards, but there will always be a certain number of papers for each borrower.


Procedures for bank loans to mortgage "red book"

a. Personal legal record: provide full personal identification papers

- ID card, household registration book / temporary residence book / temporary residence certification

- Marriage registration, certificate of marital status.

b. Profile of collateral: papers proving the ownership, documents to help valuate the property (if any).

- Certificate of land use rights, ownership of houses and assets attached to land (red book, pink book), construction permit, ...

- In the case of mortgaging by means of vehicles such as a vehicle that requires vehicle registration (tie), insurance (if any), ...

c. Proof of income records

In addition to the above legal documents, to be able to get a loan, the borrower needs to add a record of his income sources to demonstrate the ability to fulfill the debt repayment obligation.

Sources of income from salary, papers to provide are labor contracts, salary statements at the bank, payroll, salary confirmation.

Income from leasing activities, the borrower needs to provide the ownership papers of the rental property, the lease contract (with detailed information on the rental price, form of lease, ...).

For income from business activities, the problem of collecting proofs will be more complicated. Borrowers need to prepare a series of papers such as:

- Business License: individual household, enterprise

- Input and output invoices, economic contracts, tax payment dossiers

- Record books of revenue and expenditure activities of the business establishment

At many banks today, the income profile for business individuals has been much simpler, can only need to record sales, inventory, daily imported goods.

Even in some cases simple business operations such as restaurants, groceries, etc., appraisal staff can perform direct checks at the business establishment to record revenue.

d. Documentation of the purpose of capital use

This is an indispensable important part for each loan application. Banks only lend when you have a reasonable and clearly proven purpose of using capital, not illegal.

Depending on the purpose, the borrower needs to prepare different documents:

- Consumption purpose: sale invoice, goods sale and purchase contract, ...

- Purpose of building and repairing house: Construction permit - home repair, list of materials, house construction contract.

- Purpose of buying a house: sale contract, house sale certificate, red book, ownership papers of the house.

2. Bank mortgage loan procedures are complicated and cumbersome, but with low interest rates and high limits

Bank loan procedures do not need a mortgage

Unsecured loans (unsecured) is a very developing form of lending in many banks with the loan amount is not too large and does not require collateral. Banks will assess the borrower's creditworthiness and ability to repay loans to make loan decisions.

The purpose of this form of loan is usually consumer loans, purchase of household equipment, transportation, ... The borrowers are mainly students, who have a fixed salary income. month.

In addition to the legal record of identity, what is assessed by the bank as the income-generating work of the borrower.

The first is the workplace, if your company is a large and well-known company, getting your application approved is a lot easier.

Followed by the monthly income, you can provide a bank transfer statement, payroll, depending on the form of your paycheck. Many banks prefer the form of salary transfer with the proof of payroll statements (at least 3 months).

From the borrower's income, the bank determines how much the loan is. Currently, unsecured salary based loans are usually from 8 to 15 average monthly salary of borrowers.

Of course, this is only the initial requirement, how much of a specific loan depends on the borrower's ability to repay.


Bank loan procedure with payroll

Application for loan via payroll includes:

● ID card or citizen identification.     

● Salary statements or pay stubs proving income for the most recent 3 months, or pay stubs with a full corporate pay stub.     

● Labor contract, employment confirmation from the company, appointment decision or other equivalent document.     

● Health insurance or social insurance provided by the company (if any).     

Procedures for unsecured loans through salary

● Step 1: Apply for a loan online:     

You fill in personal information and loan information in the form.

● Step 2: Receiving loan documents:     

Upon receipt of a loan request, a credit officer will contact you to provide preliminary verification of your financial capacity, identity and loan advice.

● Step 3: Loan appraisal:     

After receiving your salary loan application, the bank will conduct loan appraisal. This process may take 3-5 working days depending on the bank.

● Step 4: Approve and sign loan contract:     

Once the loan is approved, the bank will disburse the loan amount for you. You will be allowed to open a bank account at the lending bank and receive money through that account.

4- Unsecured Loans - A popular form of loan with many preferential policies

How long will the bank respond to the results?

After the borrower provides all the documents, the bank will take the first step of evaluating each profile to evaluate the customer.

The appraisal staff will conduct the asset valuation (if any), verify the work, determine the rental price of the property, the purchase price of the property, the business activities of the borrower's business, ... in many different ways, from direct to indirect.

If the loan plan is verified, the value of the collateral (if any), the source of income, the appraisal staff will set up a loan plan, repayment in accordance with the borrower's ability.

Therefore, after submitting your loan application, you need to know that the bank will likely go directly to your workplace or business to appraise and ask you to share more information about the loan application. .

Currently in the era of technology development, in many cases, customers can also apply online to the bank.

Depending on each profile and product, how long will a bank's loan decision take time. Some banks have quick loan programs, which decide to lend in just 4 hours or 8 working hours .

Meanwhile, in some cases, a longer evaluation time is required. For unsecured loan applications, the time to make a loan decision will be faster than the application for a mortgage loan. A typical mortgage loan application for results can take anywhere from 4 - 7 business days .

5- In addition to bank loans, you can also borrow CashBerry finance companies, receive money in just 2 hours, register with just a phone or computer

Currently, there are many banks offering loans with good interest rates, high credit limits and prestige such as Vietcombank, Agribank, BIDV, Techcombank, ... To know the procedures for Agribank bank loans, procedures for borrowing money from BIDV banks, ... you should contact your bank for specific advice.

Above are some points to note when doing bank loan procedures, to help you have a full overview before taking a bank loan. Besides, if you need money urgently, quickly and quickly, you can contact CashBerry. CashBerry is currently a finance company that supports short-term loans of 1-10 million within the most prestigious 24H in the market, only need ID / CCCD. Lack of money? What are you waiting for, do not access or download the CashBerry app to register GET MONEY ON YOUR ACCOUNT NOW!

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